Commodity Prices

Gold •659 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,988.90	-49.50	-2.43%
WTI Crude •11 mins	96.66	+0.81	+0.85%
Gasoline •11 mins	3.455	-0.007	-0.21%
Ethanol •659 days	2.161	+0.000	+0.00%
Silver •659 days	30.82	+1.16	+3.92%

Silver • 659 days	30.82	+1.16	+3.92%
Copper • 659 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.21	+1.14	+1.08%
Natural Gas • 12 mins	2.551	-0.063	-2.41%
Heating Oil • 14 mins	4.090	+0.102	+2.56%

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EUR/USD: Recent Fall From 1.3400 Seen as Corrective

By - Aug 15, 2013, 6:04 AM CDT

EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low) is required to dampen our expectations of an eventual return to the August high and then onto 1.3417 (19/06/2013 high).

If a retest, or break over, 1.3417 can be achieved, the region between this key high and the annual high is expected to see a fair degree of resistance and is likely to offer a reasonable short entry opportunity.

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